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A History of the Salt Union: A Record of 25 Years of Disunion and Depreciation (Classic Reprint) - Softcover

 
9781330543573: A History of the Salt Union: A Record of 25 Years of Disunion and Depreciation (Classic Reprint)

Synopsis

Excerpt from A History of the Salt Union: A Record of 25 Years of Disunion and Depreciation

The Salt Union 'was formed in October, 1888, but the coming of the combination was foreshadowed in January of that year by the publication of the following paragraph in Falk's Salt Trade Circular The salt trade is at the most deadly crisis. Implacable competition among a small section of the largest makers has brought prices below all records, salt being freely offered at 50 per cent. Below cost. All the large chemical contracts for 1888 have been taken at ruinous prices. Nor has there been any more extensive demand for the article below cost. The total export shown on annexed list proves a considerable decrease on the average. The principle of association has been violated again, and with more disastrous results than ever yet known. Nothing but a new form of general consolidation can resuscitate the trade.

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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • PublisherForgotten Books
  • Publication date2018
  • ISBN 10 1330543572
  • ISBN 13 9781330543573
  • BindingPaperback
  • LanguageEnglish
  • Number of pages345

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Albert F. Calvert
Published by Forgotten Books, 2018
ISBN 10: 1330543572 ISBN 13: 9781330543573
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Paperback. Condition: New. Print on Demand. This book delves into the fascinating and cautionary tale of the Salt Union, a powerful monopoly formed in late 19th century England that aimed to control the entire salt trade. The author meticulously examines the Union's formation, its aggressive acquisition of salt properties, and its subsequent struggles with competition and internal conflicts. He paints a vivid picture of the Union's reckless optimism, its questionable financial practices, and its attempts to maintain control through legal maneuvering and intimidation. The author provides an in-depth analysis of the Salt Union's downfall, highlighting the greed, mismanagement, and ultimately, the failure of a company that believed its dominance was inevitable. The book explores the themes of corporate ambition, the dangers of monopolies, and the consequences of unchecked power within a capitalist system. The book serves as a compelling study of a pivotal moment in the history of industrial monopolies, offering valuable insights into the complex relationship between corporate power, government regulation, and the impact of such forces on communities and economies. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330543573_0

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